The market regulator SEBI has allowed mutual funds to launch Silver ETFs. According to industry sources, mutual funds are already working out the finer details that would go into running these Silver ETFs.
As with Gold ETFs, mutual funds will have to tie-up with custodians to store the silver equivalent of the ETF units that investors will buy. For some mutual funds, it would just be an extension of their existing agreements for Gold ETFs. But, what can investors expect from this new asset class?
